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SEC slams Rimar Capital as misleading AI claims lead to charges
Rimar Capital is the latest to find itself in the crosshairs of the United States Securities and Exchange Commission (SEC), which has been cracking...
Oct, 11, 2024
2 min read
by CryptoPolitan
Eye On AI: Startups Should Heed ‘AI-Washing’ Warnings
Some people who get paid to keep an eye on claims of “AI-infused,” “AI-enhanced” or some other AI descriptor, are looking very closely at what comp...
Mar, 21, 2024
4 min read
by Crunchbase
SEC Fines Investment Advisors for AI Washing Scam
In a recent crackdown on fraudulent practices within the investment sector, the Securities and Exchange Commission (SEC) has imposed fines totaling...
Mar, 20, 2024
2 min read
by CryptoPolitan
SEC chair Gensler condemns ‘AI washing’ after regulatory action against 2 companies
US SEC chair Gary Gensler condemned “AI washing” or the abuse of artificial intelligence (AI) and said such activities “may violate the securities ...
Mar, 18, 2024
2 min read
by CryptoSlate
SEC Charges Delphia and Global Predictions with False AI Claims
The Securities and Exchange Commission (SEC) has announced settled charges against two investment advisers, Delphia (USA) Inc. and Global Predictio...
Mar, 18, 2024
2 min read
by CryptoPolitan